Backing blockchain startups in London: 13 active VCs in 2026

4 June 2026·8 min read

London has 153 crypto startups with $5.8B in aggregate funding. These 13 investors are actively backing blockchain and Web3 companies in 2026.

London is one of three global crypto VC hubs alongside New York and Singapore. Over 50 active blockchain funds operate here.

The money in 2026 is moving toward stablecoins, tokenized real-world assets, and DeFi infrastructure. Pure consumer crypto without traction rarely closes.

What gets funded: projects with on-chain traction, clear tokenomics, and regulatory readiness. Community size without active wallets is not a metric blockchain VCs track.

Set up an Ellty data room with your on-chain metrics, token model, and cap table before outreach. London blockchain investors ask for these in the first call.

TypeCheck sizeSector focusWebsite
Fabric VenturesSeed to growth VCPre-seed to $10M+DeFi, Web3 infra, stablecoinsfabric.vc
Outlier VenturesAccelerator and VC$100K-$200K acceleratorDeFi, RWA, DePIN, Web3 infraoutlierventures.io
GSR MarketsMulti-stage crypto VCSeed to growthDeFi, trading infra, core financial servicesgsr.io
LakestarMulti-stage VC€5M-€50M+Crypto, blockchain infra, fintechlakestar.com
Blockchain CapitalMulti-stage crypto VC$5M-$50MDeFi, infrastructure, paymentsblockchain.capital
Multicoin CapitalThesis-driven crypto VC$5M-$50M+Blockchain infra, DeFi, RWAmulticoin.capital
Coinbase VenturesCorporate VCSeed to Series BWeb3, DeFi, stablecoins, NFT infracoinbase.com/ventures
Animoca BrandsCorporate VC and operator$500K-$10M+Blockchain gaming, NFT, metaverseanimocabrands.com
LocalGlobeSeed VC£200K-£2MCrypto infra, consumer Web3localglobe.vc
SeedcampPre-seed to seed VCPre-seed to seedBlockchain infra, Web3 SaaS, AIseedcamp.com
AtomicoMulti-stage VC$5M-$50M+Fintech, crypto, deep techatomico.com
Firstminute CapitalSeed VC£500K-£3MWeb3, consumer crypto, AIfirstminute.capital
RockawayXWeb3 specialist VCSeed to growthWeb3 infra, DeFi, protocolsrockawayx.com

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What is a London blockchain investor?

A London blockchain investor backs decentralized protocols, crypto infrastructure, DeFi platforms, and Web3 applications. They range from dedicated crypto specialists to multi-stage funds with a digital assets thesis.

Specialists like Fabric Ventures and GSR read on-chain metrics natively. They check active wallet counts and protocol revenue before looking at team slides.

Check sizes run from £200K at LocalGlobe to $50M+ at Blockchain Capital. Most early blockchain rounds in London land between $500K and $5M.

London's blockchain output includes Blockchain.com, Luno, and Elliptic. Compare London fintech investors and London AI investors to understand how technical diligence differs across sectors.

153
Crypto startups with funding in London
London has 153 funded crypto startups with $5.8B in aggregate funding
$5.8B
Aggregate blockchain funding in London
Aggregate funding across London's crypto and blockchain startup base
$6.2M
Kulipa seed round backed by Fabric Ventures, Apr 2026
Fabric Ventures co-backed Kulipa's $6.2M seed for stablecoin card infra
$1B+
GSR valuation after SC Ventures stake, May 2026
Standard Chartered's SC Ventures invested in GSR at $1B+ valuation in May 2026
The blockchain companies raising in 2026 have real on-chain traction, a working token model, and a team that can navigate regulation. Concept-stage projects are a hard sell now.
Richard Muirhead, General Partner, Fabric Ventures, London, 2026

13 top London blockchain investors

1. Fabric Ventures

Fabric Ventures has been backing Web3 founders from pre-seed to growth since 2012. They co-backed Kulipa's $6.2M seed round in April 2026 and co-launched a UK Web3 accelerator with Coinbase and Animoca Brands in 2025.

  • Recent Deals: Kulipa $6.2M seed co-investment (Apr 2026); UK Web3 accelerator launch with Coinbase and Animoca (Q3 2025); Velocity pre-seed (May 2025); 128 total investments
  • LinkedIn: Fabric Ventures LinkedIn
  • Sector Focus: DeFi, Web3 infrastructure, stablecoins, open finance
  • Stage Focus: Pre-seed to growth
  • Location: London, UK and Luxembourg
  • Website: fabric.vc

2. Outlier Ventures

Outlier Ventures is London's most active blockchain accelerator with 400+ portfolio companies. They invest $100K-$200K per company and run dedicated DePIN, RWA, and Base Camp programs. Their latest deal was a $3M seed in Me3 in October 2025.

  • Recent Deals: Me3 $3M seed (Oct 2025); DePIN Base Camp II launched 2025; RWA Base Camp active 2026; 400+ portfolio companies
  • LinkedIn: Outlier Ventures LinkedIn
  • Sector Focus: DeFi, RWA, DePIN, Web3 infrastructure, open metaverse
  • Stage Focus: Late seed to pre-launch ($100K-$200K accelerator)
  • Location: London, UK
  • Website: outlierventures.io

3. GSR Markets

GSR Markets is a London crypto market maker and multi-stage investor in 300+ Web3 companies. Standard Chartered's SC Ventures invested in GSR at $1B+ valuation in May 2026. GSR acquired Autonomous and Architech in March 2026 to expand tokenization services.

  • Recent Deals: SC Ventures investment at $1B+ valuation (May 2026); Autonomous and Architech acquisition (Mar 2026); active across DeFi and infrastructure in 2025-2026
  • LinkedIn: GSR Markets LinkedIn
  • Sector Focus: DeFi, trading infrastructure, core financial services, tokenization
  • Stage Focus: Seed to growth
  • Location: London, UK
  • Website: gsr.io

4. Lakestar

Lakestar is a pan-European multi-stage VC with a London office and a direct investment in Blockchain.com. They raised a €265M continuation fund in 2025 and made 17 investments in 2025 plus 8 in early 2026.

  • Recent Deals: €265M continuation fund (2025); 8 investments in early 2026; Blockchain.com portfolio company; Revolut and Helsing backer
  • LinkedIn: Lakestar LinkedIn
  • Sector Focus: Crypto, blockchain infrastructure, fintech, deep tech
  • Stage Focus: Series A to growth (€5M-€50M+)
  • Location: London, Zurich, Berlin, New York, Hong Kong
  • Website: lakestar.com

5. Blockchain Capital

Blockchain Capital is one of the oldest crypto-focused VCs globally, writing $5M-$50M into DeFi, infrastructure, and payments. They led Paxos Labs' $12M funding round in April 2026 and remain one of the most active Series A-B blockchain investors.

  • Recent Deals: Paxos Labs $12M lead (Apr 2026); active DeFi and infrastructure portfolio; Series A-B mandate; 2025-2026 deploying
  • LinkedIn: Blockchain Capital LinkedIn
  • Sector Focus: DeFi, blockchain infrastructure, payments, Web3
  • Stage Focus: Series A to Series B ($5M-$50M)
  • Location: London and San Francisco
  • Website: blockchain.capital

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6. Multicoin Capital

Multicoin Capital is a thesis-driven crypto fund with 9 UK investments. They led a $1.65B PIPE into a Solana treasury vehicle in September 2025 and co-led a $28M round in DoubleZero blockchain infrastructure in October 2025.

  • Recent Deals: $1.65B Solana treasury PIPE lead (Sep 2025); DoubleZero $28M co-lead (Oct 2025); 12 investments in past 12 months; 9 UK investments
  • LinkedIn: Multicoin Capital LinkedIn
  • Sector Focus: Blockchain infrastructure, DeFi, RWA, Solana ecosystem
  • Stage Focus: Seed to growth ($5M-$50M+)
  • Location: London and Austin
  • Website: multicoin.capital

7. Coinbase Ventures

Coinbase Ventures co-launched the UK Web3 accelerator with Fabric Ventures and Animoca Brands in 2025. They back early-stage blockchain companies with seed to Series B checks and give portfolio companies access to Coinbase's global infrastructure and regulatory networks.

  • Recent Deals: UK Web3 accelerator co-launch with Fabric and Animoca (Q3 2025); active global Web3 seed to Series B portfolio; 2025-2026 deploying
  • LinkedIn: Coinbase Ventures LinkedIn
  • Sector Focus: Web3, DeFi, stablecoins, NFT infrastructure, crypto payments
  • Stage Focus: Seed to Series B
  • Location: London and San Francisco
  • Website: coinbase.com/ventures

8. Animoca Brands

Animoca Brands is a Hong Kong blockchain investor with a London presence and 600+ portfolio companies. They co-launched the UK Web3 accelerator with Fabric and Coinbase and back blockchain gaming, NFTs, and open metaverse projects globally.

  • Recent Deals: UK Web3 accelerator co-launch (Q3 2025); 600+ portfolio companies; blockchain gaming and metaverse active; 2025-2026 deploying
  • LinkedIn: Animoca Brands LinkedIn
  • Sector Focus: Blockchain gaming, NFT infrastructure, open metaverse, DeFi
  • Stage Focus: Seed to growth ($500K-$10M+)
  • Location: London and Hong Kong
  • Website: animocabrands.com

9. LocalGlobe

LocalGlobe writes first checks into consumer Web3 and crypto infrastructure founders. They made 25 investments in 2025 and are active at pre-seed and seed in London's blockchain space.

  • Recent Deals: 25 investments in 2025; active London consumer and crypto infra portfolio; 2026 active; pre-seed to seed mandate
  • LinkedIn: LocalGlobe LinkedIn
  • Sector Focus: Consumer crypto, blockchain infrastructure, Web3
  • Stage Focus: Pre-seed to seed (£200K-£2M)
  • Location: London, UK
  • Website: localglobe.vc

10. Seedcamp

Seedcamp is one of Europe's most active seed funds with a growing Web3 infrastructure portfolio. They have 492 portfolio companies and back developer tools, blockchain SaaS, and crypto infrastructure at first-check stage.

  • Recent Deals: Active Web3 infrastructure and developer tools portfolio; 492 companies; pre-seed to seed; 2025-2026 active
  • LinkedIn: Seedcamp LinkedIn
  • Sector Focus: Blockchain infrastructure, Web3 SaaS, AI, developer tools
  • Stage Focus: Pre-seed to seed
  • Location: London, UK
  • Website: seedcamp.com

11. Atomico

Atomico backs European founders from Series A through growth with a $1.24B fund actively deploying. They have a fintech and deep tech track record and consider crypto infrastructure companies with institutional-grade traction.

  • Recent Deals: Active European fintech and crypto portfolio; $1.24B latest fund; Series A to growth mandate; 2025-2026 deploying
  • LinkedIn: Atomico LinkedIn
  • Sector Focus: Fintech, crypto infrastructure, deep tech, enterprise
  • Stage Focus: Series A to growth ($5M-$50M+)
  • Location: London, UK
  • Website: atomico.com

12. Firstminute Capital

Firstminute is a London seed fund backed by unicorn founders. They back consumer and Web3 founders early with £500K-£3M first checks and a global founder network.

  • Recent Deals: Active London consumer and Web3 seed portfolio; 150+ portfolio companies; unicorn founder network; 2025-2026 active
  • LinkedIn: Firstminute Capital LinkedIn
  • Sector Focus: Web3, consumer crypto, AI, marketplace
  • Stage Focus: Seed (£500K-£3M)
  • Location: London, UK
  • Website: firstminute.capital

13. RockawayX

RockawayX is a Web3 specialist VC with offices in London, Prague, and Dubai. They back protocol-layer and infrastructure companies and are active across DeFi, tokenization, and Web3 applications in 2026.

  • Recent Deals: Active Web3 protocol and infrastructure portfolio; London office operational; DeFi and tokenization focus; 2025-2026 active
  • LinkedIn: RockawayX LinkedIn
  • Sector Focus: Web3 infrastructure, DeFi, protocols, tokenization
  • Stage Focus: Seed to growth
  • Location: London, Prague, Dubai
  • Website: rockawayx.com

How to verify a blockchain fund is deploying

Check the fund's last investment date on Crunchbase or DeFiLlama before reaching out. A fund that hasn't deployed in six months may be between vintages or reassessing thesis.

Ask which partner leads blockchain deals specifically. At generalist funds, not every partner follows crypto - a wrong partner meeting wastes time for both sides.

Dead portfolio tokens are a red flag. A fund backing failed protocols in 2023-2024 without follow-on may have lost conviction in early-stage blockchain.

Read the due diligence process and virtual data room examples to understand what blockchain investors request. Have your Ellty room ready with on-chain data before any first call.

How to get a warm intro to a London blockchain VC

London Blockchain Conference and ETHLondon are where most blockchain VCs show up in person. A reference from a portfolio founder beats a cold email by a wide margin.

Fabric Ventures and Outlier Ventures both run public application processes for their accelerator programs. These are the lowest-friction entry points into their networks.

Read how to prepare for due diligence before any intro meeting. Have your token model, protocol audit report, and cap table in an Ellty data room before you pitch.

What blockchain VCs read before your meeting

London blockchain investors want on-chain traction before anything else. Active wallet growth and protocol revenue are the two metrics that get a second meeting.

The second filter is tokenomics. Investors need to see that the token has a real product use case - not just a fundraising mechanism.

The third is regulatory readiness. Blockchain startups with FCA guidance or MiCA compliance documentation close rounds faster in 2026.

How to pitch a London blockchain investor

Four steps for blockchain fundraising in 2026. Each step reflects how crypto VCs in London screen deals.

  1. 1.
    Lead with on-chain traction, not the whitepaper
    Show active wallets and protocol revenue first. Blockchain VCs gate deals on these two signals.
  2. 2.
    Show your token has a real product use case
    Investors pass on tokens that exist only to fundraise. Prove on-chain utility before the meeting.
  3. 3.
    Address FCA or MiCA compliance upfront
    Regulatory readiness closes rounds faster in 2026. Have legal opinions ready before outreach.
  4. 4.
    Get a smart contract audit before you pitch
    Unaudited code is a pass for most London blockchain VCs. Have audit results in your data room.

How Ellty helps you land a blockchain investor

You have the list. Now prepare your materials. Blockchain VCs ask for on-chain data and legal docs fast.

  1. 1.
    Put on-chain metrics and token docs in one room
    Upload protocol revenue and token model. Investors check these before product demos.
    Upload file in data room
  2. 2.
    Lock access to your audit and cap table
    Require email before investors view sensitive files. Use screenshot protection on legal documents.
    Set permissions data room
  3. 3.
    Track who reviews your token and traction pack
    See which VCs open your on-chain data versus the deck. Serious buyers dig into protocol revenue.
    Analytics data room
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Common questions from London blockchain founders

What on-chain metrics do London blockchain VCs want at seed?
Most want active wallet growth and protocol revenue, even early. A flat chart with no users is a fast pass.
Should I approach crypto specialists or generalist VCs?
Specialists like Fabric and GSR if you're protocol-layer. Generalists work for crypto infra and B2B tools.
Do I need a smart contract audit to raise from London VCs?
Most London blockchain investors require it. Unaudited code raises too many diligence questions to close.
When should I set up a data room for a blockchain raise?
Before first outreach. Have on-chain data and token docs in an Ellty room before you email anyone.
What kills blockchain pitches fastest in London in 2026?
No on-chain traction and a token with no utility. Investors pass fast on concept-stage whitepaper projects.
How many blockchain investors should I target at once?
Target six to eight funds matching your stage. Track who opens your data room and follow up first.

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